Professional Indemnity Insurance
Professional Indemnity Insurance: Protecting Your Business from Liability Risks
Professional Indemnity (PI) Insurance, also known as Professional Liability Insurance or Errors and Omissions Cover, protects businesses that provide advice or services for a fee.
This insurance covers claims made against a company or its employees arising from professional services, advice, or design provided to a third party for a fee.
PI Insurance helps cover legal costs and claims resulting from mistakes, omissions, or breaches of professional duty while conducting business with a client.
Who Needs Professional Indemnity Insurance?
You are likely to need Professional Indemnity Insurance if:
- You provide advice or professional services to clients (including consulting or contracting)
- You provide designs to clients (such as working as an architect or design engineer)
At Integrated Insurance Solutions, we work closely with our clients to minimise risk exposure and provide tailored Professional Indemnity Insurance solutions for various industries.
Our experienced team has successfully provided PI Insurance for key professions over many years.
We arrange cover specific to your needs, supported by top-tier claims assistance.
What Does Professional Indemnity Insurance Cover?
- Legal costs incurred in the defence and investigation of a PI claim
- Compensation required to settle a PI claim
- Claims made against you by employees